Financial Crimes Specialist
Financial Crimes Specialist
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Job Description
About this role:
Wells Fargo is seeking a Financial Crimes Specialist.
In this role you will:
- Participate in complex initiatives and identify opportunity for process improvements within scope of responsibilities
- Perform risk assessment and modeling to provide input and recommendations for financial crimes strategies and models
- Evaluate the adequacy and effectiveness of policies procedures processes and internal controls
- Conduct data and onsite reviews review findings determine risk level and recommend fraud prevention strategies
- Review and assess business operational or technical assignments or challenges that require research evaluation and selection of alternatives and exercise independent judgment to guide medium risk deliverables
- Perform investigative research root cause evaluation and consulting regarding complex financial crimes transactions policy violations and suspicious situations with moderate to high risk
- Perform detailed examination to detect transactional and relationship patterns trends anomalies and schemes across multiple businesses or products
- Act as an escalation point for more complex cases
- Present recommendations for resolving more complex situations and exercise independent judgment while developing full knowledge proficiency in the function policies procedures and compliance requirements
- Take action on control failures in bank processes and procedures
- Represent organization in handling court appearances depositions mediations and arbitrations
- Collaborate and consult with associates on all levels
- Lead participate in and provide support for projects and initiatives
- Provide input to development and delivery of a wide range of individual education for financial crimes awareness
- Prepare documentation and refer cases for Suspicious Activity Identity Theft Operations and Suspected Financial Abuse reports to government agencies and makes recommendations to management
Required Qualifications:
- 2 years of Financial Crimes Operational Risk Fraud Sanctions Anti-Bribery Corruption experience or equivalent demonstrated through one or a combination of the following: work experience training military experience education
Desired qualifications:
- Professional qualifications such as CAMS AML certifications
- Skill sets such as analytical thinking.
- Role specific experience such as Quality Control metrics preparation / governance volume management allocation.
- Domain experience in payment screening for sanctions
Job expectations:
- Work From Office All 5 days
- Shift requirement 9:30 PM IST to 6:30 AM IST standard / permanent shift
Posting End Date:
10 Jun 2025*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability status as a protected veteran or any other legally protected characteristic.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit Market Financial Crimes Operational Regulatory Compliance) which includes effectively following and adhering to applicable Wells Fargo policies and procedures appropriately fulfilling risk and compliance obligations timely and effective escalation and remediation of issues and making sound risk decisions. There is emphasis on proactive monitoring governance risk identification and escalation as well as making sound risk decisions commensurate with the business units risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates including women persons with disabilities aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with Disabilities
To request a medical accommodation during the application or interview process visitDisability Inclusion at Wells Fargo.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Required Experience:
Unclear Seniority
Employment Type
Full-Time
